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AUTOMATED STATISTICAL ANALYSIS DRIVES INVENTORY MANAGEMENT

Inventory managers struggle with the conflicting priorities of customer satisfaction and cost control. The featured article shows how to harness customer demand data to craft optimal inventory policies:

Find the optimal balance point: Setting reorder points and order quantities that will achieve the results you require and much more in this article.

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What Do You Need to Know About Forecasting and Planning Service Parts?

This paper describes Smart Software’s patented methodology for forecasting demand, safety stocks, and reorder points on items such as service parts and components with intermittent demand, and provides several examples of customer success.

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Smart Software's mission is to provide analytical solutions that help our customers generate significant economic return for their business.